China Stocks
Source: http://alphatrends.blogspot.com/Posted on Wednesday, August 6th, 2008 | In China, Market Commentary, Stocks to Watch
If I was a lazy American reporter in Beijing looking to do a business story about a tech company whose shares trade in the US I wouldn’t want to travel far, instead I would look at Beijing based companies. It wouldn’t take long to find shares of Perfect World Inc (PWRD), a company which designs 3D video games, that would be a good human interest story about the modernization/innovation in China.
If I was a lazy American investor looking to profit from the Olympics hype I would probably buy the stock as I sit on my couch listening to a story about the company. That lazy investor will probably buy his shares from me, I am long now. Anticipate the anticipators. This stock could get going nicely above 28.00. Do your own research and control risk.
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 About Brian Shannon (http://alphatrends.blogspot.com)
Brian Shannon is a full time trader who shares his market experiences on the highly popular alphatrends.blogspot.com site. Alpha trends has been called "the youtube of technical analysis" by Technical Analysis of Stocks & Commodities Magazine (March 2007) and has been praised in Barron's (October 23, 2006) and Active Trader Magazine (July 2007). Brian trades an account at www.worldcupadvisor.com since March 2006 and in that time has more than tripled the results of the S&P 500. He can be reached at alphatrends@gmail.com |
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